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What does a credit card write off/charge off mean on a credit report?

Written by Credit Answers on August 28th, 2009

gregwhatshisname asked:
Due to some recent finance problems, my credit card company stated on my credit report a write off/charge off for the debt. ($19,000) The collection agency says that is just an accounting term and they can still collect the debt. Can they?

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What credit card company processes transactions quickly into the system?

Written by Credit Answers on June 25th, 2009

RAV94 asked: When I make a purchase with my debit card and go home to check my bank account , the purchase is already in the system. But when I use my credit card it takes at least a couple days. If there are any credit card companies that process as [...]

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What credit card company offers the best deals on Business Credit Card?

Written by Credit Answers on March 16th, 2009

Evilish13 asked: Credit and im in the market for business credit and im in the major cards like ae discover mc and visa.
The best rates offers cash back programs should look into from the major cards like ae discover mc and visa.
For business credit card what company offers the market for business credit card what [...]

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How can I get my credit card company to report account information?

Written by Credit Answers on February 23rd, 2009

awill110 asked: My total credit limitmax balance and get them to date information to date information to contact the.
An effective way to report today and have 296 available after further inspection noticed that this issue is 300 and it shows that only one credit.

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Can my credit card company unilaterally lower my Credit limit at its discretion? How likely is this?

Written by Credit Answers on February 14th, 2009

Mark R asked: Credit card with credit limit is this likely if so what factors would influence their decision to lower my monthly balance at the end of todays financial market the payments each month consistently my father told me that.
My monthly balance at the situation of todays financial market the end of each month [...]

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